As we approach the halving, Bitcoin miner revenues are painting a complex picture. The 365-day metrics reveal long-term trends, but a sudden peak in daily revenues marked a significant 19-month milestone. What does this peak signify for the future of Bitcoin mining, and how might it influence the market as we edge closer to the halving event?
Bitcoin miners see 19-month high in revenue as halving nears
11/28/2023 00:00
Bitcoin miners saw a significant increase in profitability, with revenues hitting a 19-month record as halving approaches.
Bitcoin miners see 19-month high in revenue as halving nears 37 seconds ago · 2 min read
A surge in Bitcoin miner revenues suggests a profitable lead-up to the network's halving event.
2 min read
Updated: November 27, 2023 at 4:54 pm
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.